Pennrose to convert historic Warner & Swasey Manufacturing complex in Midtown into 112-unit affordable, senior housing development gets final design approval

7/18/2025

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Cleveland Business Journal

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• Subcategory: Industrial: Manufacturing, MF: Affordable, MF: Senior

• Tag: Adaptive Reuse | Conversion | New Construction | Redevelopment

• Additional Filters-Subcategory: MF: Garden

• Additional Filters-Tags: Conversion: Industrial-to-Multifamily, Historic

Story Highlights
Cleveland approves redevelopment of Warner & Swasey complex into affordable housing.
Project includes 112 units for seniors and families earning 30-60% AMI.
Pennrose seeks to close financing by year's end.

Pennrose LLC

Geoff Milz, AICP LEED-AP | Director, Development-Ohio

[email protected]

513-310-6024